Sammy Hagar says he still can’t drive 55. But it’s hard to tell if he means that literally, or if he’s speaking about his take-no-prisoners philosophy of life as a whole. Hagar — aka the Red Rocker — is the Rock & Roll Hall of Famer best known for his stints as lead singer of…
E. & J. Gallo Winery, the nation’s largest wine producer, will lay off more than 350 workers as it shifts its distribution in California. According to filings with California’s Employment Development Department, 355 California employees will lose their jobs. The filings were dated Jan. 10, with layoffs effective March 12. The move comes two weeks…
Diageo PLC UK:DGE said Thursday that pretax profit rose in the first half of fiscal 2023, supported by better-than-expected sales volumes due to higher prices, and raised its dividend payout. The London-based maker of Johnnie Walker Scotch whisky, Guinness stout and Smirnoff vodka made a pretax profit of 3.06 billion pounds ($3.73 billion) for the…
Hong Kong stocks rose to a four-month high in its first trading day since the Christmas holidays, during which China scrapped its overseas-travel quarantine rule. The benchmark Hang Seng Index HSI, +1.37% rose as much as 2.6%, and was last up 2.3% at 20050.23, paving the way for the index’s best closing since August. The…
Still searching for the perfect holiday gift? Or maybe a dozen perfect holiday gifts? That’s where the Weekend Sip 12 bottles of Christmas guide can come in handy. This annual MarketWatch feature is designed to take some of the guesswork out of finding the right sip for the right person. We’ve included bottles of all…
Income-seeking investors are looking at an opportunity to scoop up shares of real estate investment trusts. Stocks in that asset class have become more attractive as prices have fallen and cash flow is improving. Below is a broad screen of REITs that have high dividend yields and are also expected to generate enough excess cash…
The controversial Qatar World Cup is raising the profile of sports-related Environmental, Social, and Governance investing, according to Luis Garcia Alvarez, equity portfolio manager of the MAPFRE AM Behavioral Fund. “If there’s one thing that has characterized the weeks and months leading up to this World Cup in Qatar, it’s the controversies surrounding the social…
The bottle Montelobos Pechuga, $129.99 The back story Searching for the perfect Thanksgiving sip? It might be time to try a little turkey-flavored mezcal. In a sense, that’s what this bottle from Montelobos, which bills itself as a “meticulously crafted artisanal mezcal” brand, is all about. Specifically, it’s a style of mezcal that’s indeed called…
The furor surrounding the World Cup in Qatar has seen the plight of migrant workers and LGBTQ+ rights in the tiny Persian Gulf nation thrust firmly into the world spotlight. For ESPN commentator and former World Cup star Shaka Hislop, the backlash is an important moment for the sport. “History provides these moments that we…
A day after Qatar and FIFA announced a shock ban on beer sales at the World Cup’s eight stadiums England star Eric Dier said that the soccer showpiece will still create “a great atmosphere” for fans. “I’d like to think that you can enjoy yourself with or without alcohol, first and foremost – for me,…
Chinese consumer stocks sold off Monday as investors’ attention turned to Covid-19 once again as the country’s infections rise and virus-related deaths were reported for the first time in almost six months. Restaurant, retailer and Macau casino stocks listed in Hong Kong were among the top decliners among blue chips by midday trade, while liquor…
Wine legend Fred Franzia — creator of the iconic “Two Buck Chuck’ blend” — has died. He was 79. Franzia was a founding partner and CEO of Bronco Wine Company. On Tuesday night, the company’s Facebook page announced his death. “Fred passed early this morning at his Redwood home in Denair, California, with family by his…
The bottle Trapiche Oak Cask Malbec 2020, $9.99 The back story It’s no secret that Americans’ thirst for wine has grown over the years, with total wine consumption roughly doubling from 565 million gallons in 2020 to 1.1 billion gallons in 2021, according to the Wine Institute. It’s also no secret that Americans don’t like…
The bottle Fósforo mezcal — Tobalá ($99) and Tobalá Penca ($130) The back story We all know Jim Cramer for his “Mad Money” stock picks — and for his occasional bell-ringing appearances at the New York Stock Exchange. Now, we’re getting to see another side of the stock-market maven — namely, as a mezcal producer….
The bottle Hercules Mulligan Rum & Rye, $38 The back story If you’re looking to toast the Fourth of July in truly patriotic fashion, have I got a sip for you. Not bourbon, even if it’s America’s signature whiskey. And not the frozen margarita, an icy cocktail that may be Mexican-inspired but actually comes to…
A little crustacean-flavored bourbon, anyone? It may sound like a crazed distiller’s idea of a joke — remember the SNL skit about wacky hard seltzers? — but it’s an actual thing. Specifically, it’s Crab Trapper, a green crab-flavored whiskey from New Hampshire’s adventuresome Tamworth Distilling. And guess what? It actually delivers on its crabby promise…